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The 2022 talent market has been unpredictable. Job openings and hiring activity are close to January 2022 levels. However, both indicators are declining month-over-month, continuing the downward trend that began after August. Meanwhile, job applications activity has held steady month-over-month, remaining at one of its highest points of the year. Employer-talent dynamics are similar across the healthcare, manufacturing and finance sectors, and technology occupations. The retail industry bucks the trend, perhaps due to the upcoming holiday season.
